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Search Results 0 to 7 of about 8 (some duplicates have been removed)
Oct 20, 2012 6:30am PDT
romney, too. 7.8% unemployment is still too high, and 23 million americans unemployed and underemployed, as romney likes to say, still too many. romney makes a strong case that this is not where the country should be. he has two more pieces of evidence for this, we're spending borrowed money to do it. four years ago the national debt stood at $10.6 trillion and new it's 16 and counting which brings me to the deficit. the yearly shortfall between how much the government takes in and how much it spends. just one month after taking office the president vowed to cut the deficit in half. it stood then at 1.4 trillion. this year the congressional budget office puts that number at 1.1 trillion. progress, but, no. the president did not make good on his promise. henry blodgett is the ceo of the online publiccation "business insider" and will cain is a conservative blogger. henry, this is the chart you brought, the chart that says it might get the president fired. shows the current unemployment rate versus the administration's predictions for we we should be, both without and without the stimulus
Oct 6, 2012 6:30am PDT
as the romneys are here? he's having a dynamite time. i guess when you don't drink or smoke jenga kicks ass. >> i'll see you back here in 30 minute. "your bottom line" starts right now. >>> there is no debating this. the middle class is stuck. good morning, everyone. i'm christine romans. in a moment cnn's chief political correspondent candy crowley will tell us why washington can't find a middle ground. both president obama and governor romney promised better days ahead, but when will this economy finally start working again for the middle class? the middle class is stuck in the middle. ♪ here i am stuck in the middle with you ♪ >> the classic song was from 1973, but today's middle class is stuck as two political parties run away from the center. what the middle class needs is a deal. >> let's make a deal! >> to grow jobs and to fix the fiscal cliff. senators are talking about starting to talk. how close are they? those of you in the middle are stuck between a near-term fiscal cliff calamity and a long-term debt disaster. one means a recession and lost jobs. ignoring the other means slower g
Oct 27, 2012 6:30am PDT
voters out there. president obama and governor romney spending millions to get their vote. especially in battleground states. check out this cnn electoral map. the states in yellow are up for grabs. blue are safe for obama. light blue, leaning obama. red, those are safe for romney. light red leaning romney. but what will it take to win over the undecided voters, what do they want to know. "saturday night live" had this take. >> before you get our vote, you're going to have to answer some questions. questions like -- >> when is the election? >> what are the names of the two people running? and be specific. >> who's the president right now? is he or she running? >> in real life, undecided voters sound like this. >> i want there to be continued job growth. >> don't say republican, don't say democrat, just get it done. >> i have not heard anything other than this tough guy rhetoric, and numbers that don't add up. >> it's critical right now, to make the best decision. >> a lot of people need relief, and i'm not too sure the election is going to give it, no matter who gets elected. >> i hop
Oct 13, 2012 6:30am PDT
inf infrastructure and aid for state and local governments. mitt romney says to get the government out of the way. and former new york times columnist bob herbert is a ceo of a left leaning think tank, and also joining us is the director irvine institute in irvine. and peter, do you think that the country sees incentives to move the jobs abroad and it does not matter what the government does to help? >> well, that is right if we understand what the problem is here. if you look at what globalization has done over the past few decades, we have a basically a destruction of the job destruction ecosystem, and the way it works, christine, is simple. if caterpillar or gm decides to offshore the production instead of building a factory in peoria or detroit, what you have is a loss of jobs right there of the big company, and then what you lose next is the supply chain which creates many, many more times number of jobs as the big oems and the original equipment manufacturers and once that supply chain is gone, then you lose the service sector jobs, so that manufacturing creates service sector jo
Search Results 0 to 7 of about 8 (some duplicates have been removed)